Hi expert please give me answer general accounting Consider the following data for three divisions of a company, P,Q, and R:Division Sales (S) Operating Income ($) Investment (S)P3,600,000 450,000Q1,800,000 225,000R7,200,000 600,000The asset turnover (AT) for Division P is:A. 2.50B. 3.00C. 3.25D. 2.75E. 4.001,200,000900,0004,000,000

Step 1: Definition of Asset Turnover (AT)Asset Turnover measures how efficiently a division uses its…

Answered: Consider the following data for three…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter10: Evaluating Decentralized Operations

Section: Chapter Questions

Problem 16E

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Consider the following data for three divisions of a company, X, Y, and Z: Divisional: X Y Z Sales $ 1,416,000 $ 831,000 $ 5,294,000 Operating Income 197,400 102,700 275,600 Investment in assets 380,600 498,600 3,618,400 The return on sales (ROS) for Division X is: (Round your percentages to one decimal place.)
What is the division's margin on these general accounting question?
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Fill in the blanks: (Round "Return on sales" and "Asset turnover" answers to 2 decimal places.) Division X Y Z Sales $950,000 $640,000 Operating income 95,000 256,000 Investment (assets) 380,000 2,700,000 Return on sales % % 0.60 % Asset turnover 1.00 Return on investment % 8.00 % %
A company reports the following:Sales $1,800,000Average total assets 1,125,000Determine the asset turnover ratio. Round to one decimal place.
The division's turnover is
What is the division's margin on these general accounting question?
Determining Missing Items from Computations Data for the North, South, East and West divisions of Free Bird Company are as follows: Sales Income from Operations Invested Assets Return on Investment Profit Margin Investment Turnover North $860,000 (a) (b) 17.5% 7.0% (c) South (d) $51,300 (e) (f) 4.5% 3.8 East $1,020,000 (g) $680,000 15.0% (h) (i) West $1,120,000 $89,600 $560,000 (j) (k) (l) a. Determine the missing items, identifying each by the letters (a) through (l). If required, round percents and investment turnover to one decimal place. a. $ b. $ c. d. $ e. $ f. % g. $ h. % i. j. % k. % l. b. Determine the residual income for each division, assuming that the minimum acceptable rate of return established by management is 12%. Division Residual Income North Division $ South Division $ East Division $ West Division $…
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Davis Corporation reported the following financial data for one of its divisions for the year; average assets of $540,000; sales of $1,069,200; and income of $241,100. The investment turnover is: Multiple Choice 22.3. 50.5. 1.98. 447.6. 11.3.
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Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income Average operating assets The division's turnover is closest to: Multiple Choice O O O 10.75 3.40 0.32 2.58 $ 17,000,000 $ 1,581,000 $ 5,000,000

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